Benoît Cœuré is a member of the European Central Bank's Executive Board
He was speaking at the same conference as French Finance Minister Bruno Mars Le Maire
The French government has made a commitment to achieve a lower deficit, to 3% of GDP
Says BC:
- "One of the constraints facing the government is to keep its commitments on the budget and in particular on the three percent. This is something that we welcome in part because of the consequences for the rest of Europe"
3% .... let's see how that goes.